Credit Risk Remains Elevated, Slows Down New Lending By Banks – BoG
Credit risk remained elevated during the third quarter of 2023, reflecting the sharp increase in the stock of non-performing loans in the banking industry, which […]
BoG
President Lauds BoG For Restoring Macroeconomic Stability
The President, Nana Addo Dankwa Akufo-Addo, has commended the Bank of Ghana (BoG) for the role it has played in the last seven years to […]
BoG Cautions Public Against Schemes That Advertise Sophisticated Products
The Bank of Ghana has cautioned consumers against schemes that advertise sophisticated products to the general public that are not easily understood. According to the […]
We’ve Prudently Managed BoG; Ghanaians Must Rather Applaud Us – Addison
The Governor of the Bank of Ghana, Dr Ernest Addison has highlighted the central bank’s resilience in supporting the economy during the 2022 crisis, stating […]
Ghana Financial Stability Fund Takes Off – Governor
The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, has disclosed that the Ghana Financial Stability Fund has taken off. He made the […]
T-bills Auction: Interest Rates Return To Upward Trajectory; Government Misses Target By 30%
Interest rates returned to upward trajectory for the first time in a month, as the government continued to borrow heavily on the money market to […]
We Have Enough Reserve Buffers To Support The Economy – BoG Governor
The Bank of Ghana (BoG) has enough reserve buffers to support the economy until the second tranche of $600 million balance of payment support from […]
IMF Cash, Cocoa Loan To Arrive Before End Of 2023 – BoG Governor Assures
The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, has assured that Ghana will secure the second tranche of the International Monetary Fund […]
T-bills: Interest Rates Fall For 3rd Week Running; Government Gets ¢5.008Bn
Interest rates fell for the third week running as demand for Treasury bills surged on the money market. According to auction results by the Bank […]
Ghana’s Trade Surplus Increases By 16 Percent To Hit $2.058Bn
Latest data from the Bank of Ghana (BoG) show that Ghana’s trade balance increased by US$310 million between July and October. This means Ghana’s trade […]